Banks to adopt Basel III standards in 2014

July 23, 2013

Russia’s Central Bank has decided to adopt standards to tighten bank safety requirements simultaneously with Europe and the United States. The requirements, however, will be stricter in the Russian market than in the West.

Russia Cites Extradition as Sore Point With U.S.

Russian officials complained on Monday that the United States routinely disregards extradition requests by the Russian government, the latest in a series of public statements that seem aimed at laying the groundwork for granting asylum to Edward J. Snowden, the former intelligence contractor on the run from the American authorities.